uCloudlink Group Inc. (UCL)

uCloudlink Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	26.83	23.37	14.92	7.87	21.99	37.32
Short-Term Investments	7.11	8.94	13.1	14.17	21.73	2.52
Cash & Short-Term Investments	33.95	32.31	28.02	22.04	43.71	39.84
Cash Growth	12.30%	15.31%	27.15%	-49.58%	9.73%	2.36%
Accounts Receivable	7.18	9.43	6.66	16.08	9.01	26.46
Other Receivables	-	1.06	0.72	1.47	0.63	1.78
Receivables	7.18	10.5	7.37	17.55	9.63	28.24
Inventory	1.83	2.18	3.62	6.13	5.85	10.52
Prepaid Expenses	6.47	3.83	2.16	2.55	3	1.66
Restricted Cash	-	-	-	-	8.24	2.95
Other Current Assets	-	0.2	0.16	0.81	1.51	2.07
Total Current Assets	49.42	49.02	41.35	49.09	71.94	85.27
Property, Plant & Equipment	5.51	4.75	1.39	1.8	3.03	3.79
Long-Term Investments	1.98	1.96	1.71	13.93	19.13	0.43
Other Intangible Assets	0.58	0.65	0.8	1.01	1.04	0.6
Other Long-Term Assets	-	0.23	0.69	1.31	2.12	-
Total Assets	57.49	56.61	45.93	67.13	97.25	90.1
Accounts Payable	6.45	5.33	6.85	13	8.71	16.73
Accrued Expenses	23.45	22.89	22.28	24.71	22.72	17.87
Short-Term Debt	4.64	5.3	2.88	3.18	3.7	6.66
Current Portion of Leases	1.04	1.08	0.18	-	-	-
Current Unearned Revenue	1.37	1.6	1.27	1.59	0.89	2.01
Other Current Liabilities	0.04	2.92	2.97	4.29	4.52	4.39
Total Current Liabilities	36.99	39.12	36.44	46.77	40.54	47.65
Long-Term Leases	0.75	1.29	-	-	-	-
Other Long-Term Liabilities	0.12	0.15	0.2	0.26	0.32	-
Total Liabilities	37.86	40.55	36.64	47.03	40.86	47.65
Common Stock	0.02	0.02	0.02	0.01	0.01	0.01
Additional Paid-In Capital	240.91	240.14	236.77	230.05	220.29	118.82
Retained Earnings	-223.9	-226.57	-229.38	-209.52	-163.48	-100.07
Comprehensive Income & Other	2.6	2.46	1.88	-0.45	-0.43	0.71
Total Common Equity	19.63	16.05	9.29	20.09	56.39	19.47
Shareholders' Equity	19.63	16.05	9.29	20.09	56.39	42.44
Total Liabilities & Equity	57.49	56.61	45.93	67.13	97.25	90.1
Total Debt	6.44	7.67	3.06	3.18	3.7	6.66
Net Cash (Debt)	27.51	24.65	24.96	18.86	40.01	33.18
Net Cash Growth	6.44%	-1.26%	32.34%	-52.85%	20.60%	-1.81%
Net Cash Per Share	0.73	0.66	0.80	0.66	1.54	1.43
Filing Date Shares Outstanding	37.55	37.49	36.98	28.97	28.29	23.25
Total Common Shares Outstanding	37.55	37.45	36.88	28.7	28.21	23.25
Working Capital	12.43	9.89	4.91	2.31	31.4	37.62
Book Value Per Share	0.52	0.43	0.25	0.70	2.00	0.84
Tangible Book Value	19.05	15.4	8.49	19.08	55.36	18.87
Tangible Book Value Per Share	0.51	0.41	0.23	0.66	1.96	0.81
Machinery	-	11.92	11.26	13.37	15.43	14.31
Leasehold Improvements	-	0.53	0.54	0.59	0.56	0.55

Source: S&P Capital IQ. Standard template. Financial Sources.